Ghana National Gas Company says it has increased gas processing volumes, tightened spending controls and returned a healthy profit, even as currency volatility and tariff constraints continue to weigh on revenues.
Chief Executive Officer Judith Adjoba Blay said the state-owned gas processor has raised average throughput from about 100 million standard cubic feet per day (mmscfd) in 2025 to 120 mmscfd, with the Atuabo Gas Processing Plant now technically ready to handle 130 mmscfd under new supply arrangements linked to the Jubilee partners.
The CEO made the disclosure today Friday when the Parliamentary select Committee on Energy and Petroleum as their mandate enshrined in article 103 toured the gas facility.
The performance marks a significant operational milestone for Ghana Gas, which plays a strategic role in supplying processed gas for power generation and industrial consumption.
“We went through a successful average of 100 mmscfd. Today we process an average of 120 and even above that,” Ms. Blay said, crediting engineers and staff whose efforts, she noted, often go unnoticed.
She also announced a major infrastructure boost after the company secured authorization to begin procurement for a third compressor, a long-awaited project expected to strengthen reliability across the gas transmission chain.
The compressor, projected to take between 18 and 24 months to complete, is expected to reduce plant shutdowns caused by dependence on a single main compression unit.
“Currently, we have one, and some of our trips are as a result of the fact that we have that one compressor,” the CEO said. “If something goes wrong with it, we have to stop processing, fix it, and bring the plant back on.”
The additional compressor forms part of a broader redundancy strategy being pursued by management to ensure uninterrupted operations at one of Ghana’s most critical energy assets.
Despite macroeconomic headwinds, Ghana Gas also delivered a profit of about GH¢250 million last year, according to Ms. Blay.
She attributed the earnings largely to strict expenditure controls and a company-wide cost optimization agenda introduced under the new management team.
“The reason we made profit is that we spent within our means,” she said. “We controlled expenditure at Ghana Gas and continue to control expenditure.”
However, she cautioned that revenue remains under pressure from the appreciation of the Ghana cedi, since the company charges for gas in U.S. dollars while budgeting assumptions were based on a weaker local currency.
“As a country, we welcome a stronger cedi, but for us at Ghana Gas, who charge in dollars, we have been hit,” she said.
A second challenge, she noted, is tariff regulation. Ghana Gas had sought an upward adjustment to US$2.20 per mmBTU, but regulators approved US$1.20, creating a sizeable gap between projected and actual revenue.
Still, the company says it has sufficient reserves to sustain operations while pushing ahead with strategic investments.
Analysts say Ghana Gas’s improved operational efficiency and expansion plans could strengthen Ghana’s energy security, reduce reliance on liquid fuels for power generation and enhance industrial competitiveness.
For a company long seen as central to Ghana’s gas-to-power ambitions, the latest figures suggest a more commercially disciplined era may be taking shape.
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